The Gateway to Africa's Startup Ecosystem
The Gateway to Africa's Startup Ecosystem

AU-Startups Welcomes Formaloo as Ecosystem Partner

AU-Startups is excited to introduce our latest ecosystem partner, Formaloo, a groundbreaking no-code startup based in Estonia. Formaloo’s innovative platform empowers professional teams to build custom business apps without the need for coding expertise. With their recent seed funding round of €2 million, led by Change Ventures and featuring investors like Hyde Park Venture Partners, Mana Ventures, and Startup Wise Guys, Formaloo is set to reshape the way businesses approach app development.

In a world where every business has unique needs, coding custom solutions can be limiting. Formaloo seeks to bridge this gap by providing a collaborative platform that allows users to transform their data into powerful business apps and customer engagement tools. Through integrations with popular tools such as Slack, Google, and Microsoft, the Formaloo platform makes it easy for users to create databases and interfaces by simply dragging and dropping building blocks, making the process as intuitive as playing with Legos.

Founded in 2020, Formaloo has adopted a ‘build in public’ approach, actively engaging its rapidly growing community of over 25,000 users. This community not only shares templates and tutorials but also contributes to the platform’s development process, fostering a true sense of ownership and innovation.

Led by Farokh Shahabi, Co-founder and CEO of Formaloo, who brings a wealth of entrepreneurial experience to the table, having started his first venture at the age of 17. With two successful exits under his belt, Shahabi and his co-founders are determined to redefine the potential of no-code solutions. Formaloo has quickly become a leading player in the no-code industry. With over 650,000 databases and business apps already created, Formaloo’s platform is widely used in multiple countries, including the US, Germany, France, India, Australia, and South-East Asia. Noteworthy clients such as Meta, Bolt, and McDonald’s have all embraced Formaloo’s innovative approach.

AU-Startups is proud to welcome Formaloo as an ecosystem partner, and we’re thrilled to announce that Formaloo is extending an exclusive offer to startups within our network. Eligible startups can receive a generous $1,000 credit to kickstart their journey with Formaloo. This credit is equivalent to nearly a year of premium subscription.

In addition, we are excited to facilitate workshops with the Formaloo team, ensuring our startup community gains an in-depth understanding of the platform’s potential. If you’re interested in participating in our upcoming workshops and events, don’t miss out—subscribe below to receive notifications.

To avail this offer, your startup should meet the following criteria:

  • Raised no more than $5 million in total funding
  • Launched within the last 5 years
  • Independently owned and operated
  • Employ fewer than 50 team members
  • Be a new user of Formaloo’s Free plan

-> Apply Here

Don’t forget to apply our unique referral code, AUS23, during your application to receive the $1,000 credit.

If you’re eager to explore more tools like Formaloo, subscribe below to receive AU-Startups Perks and stay tuned for more exciting partnerships.

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